Financials
Financial year 2025
MDO GROUP from Zottegem, company number BE0867447343, closed financial year 2025 with a result of € 252,489 after tax. For that financial year MDO GROUP recorded a gross margin of € 734,148 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 204,831 to € 252,489. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.
€ 1.1 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 252,489
▲ 23% vs 2024
Profit after tax over the fiscal year.
€ 124,775
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 190,000 paid out
75 % of the profit went to the shareholders, mostly to EWS SOLUTIONS (50 % of the shares). That is where the money ends up.
People and assets in 2025
4.8
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 390,335
▼ 4% vs 2024
€ 81,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 68,110
▼ 38% vs 2024
Of which on lease € 45,137.
Debts at end 2025
€ 1.5 million
▼ 13% vs 2024
€ 217,977 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 133,860
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 75,362
▼ 32% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 821,742 | € 857,284 | € 866,613 | € 734,148 | ▼ 15% |
| Profit after taxes | € 139,454 | € 240,245 | € 204,831 | € 252,489 | ▲ 23% |
| Equity | € 933,716 | € 983,961 | € 998,792 | € 1,061,281 | ▲ 6% |
| Total debts | € 2,812,637 | € 2,732,669 | € 2,350,021 | € 2,128,333 | ▼ 9% |
| Cash | € 50,496 | € 104,310 | € 126,420 | € 124,775 | ▼ 1% |
| Land & buildings | € 2,137,952 | € 2,042,552 | € 1,958,355 | € 1,905,476 | ▼ 3% |
| Retained profit | € 298,800 | € 349,046 | € 363,877 | € 426,366 | ▲ 17% |
| Dividend | € 180,000 | € 190,000 | € 190,000 | € 190,000 | |
| Bank debt | € 2,393,235 | € 2,229,845 | € 1,745,521 | € 1,516,663 | ▼ 13% |
| Balance sheet total | € 3,746,352 | € 3,716,630 | € 3,348,814 | € 3,189,615 | ▼ 5% |
| Employees (FTE) | 4.5 | 4.2 | 5.2 | 4.8 | ▼ 0.4 |
Key figures of MDO GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MDO GROUP?
What happened at MDO GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 252,489 (▲ 23% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Zottegem. KBO
In short
From € 139,454 profit in 2022 to € 252,489 profit in 2025.
Paid € 166,358 in corporate taxes since 2022.
Best year ever: 2025, with € 252,489 profit.
On average € 152,900 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of EWS SOLUTIONS, Hermes Solutions comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MDO GROUPBehind MDO GROUP are EWS Solutions BV and Hermes Solutions BV. The shares are held by EWS SOLUTIONS (50%) and Hermes Solutions (50%). It owns 100% of MDO Techniek Nederland, 100% of MDO Technics Belgium, 100% of MDO Utilities and 100% of MDO Move itself.
Directors
According to the 2025 annual accounts
Director · represented by Ewout SPEECKE
Also active at: MDO Move, MDO Utilities, MDO Technics Belgium
Director · represented by Sander SPEECKE
Also active at: MDO Move, MDO Utilities, MDO Technics Belgium
Shareholders
50%
50%
Participations
Establishments
Establishment units
Physical locations of this company
Ballingsweg 9
9620 Zottegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
PUBLICLOUD, BG
Website info
Features
Security
Network
Details
- Company number
- 0867.447.343
- VAT number
- BE 0867.447.343
- Registered office
- Ballingsweg 9, 9620 Zottegem
- Names & denominations
- MDO GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 2004
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- mdotechniek.be
- Activities · NACE
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